$PUMP is about to go live: After going live, will it soar or will it be a pump and dump? Here’s a risk avoidance strategy.
The PUMP project is officially launching tomorrow at noon, with the current off-exchange price at 0.0057, and the private placement cost at 0.004. There is still a 40% profit margin if you hold on now.
However, it is important to note that the private placement stage reached its fundraising goal in just 12 minutes, which is clearly abnormal; it is likely that over 80% of the subscription shares were absorbed by the project team itself. This means that in the initial stage of launch, the project team will have complete control over the market, and the price trend will entirely depend on their trading strategy. As retail investors, it is crucial to keep a close eye on two data points after such a hot project goes live:
The concentration of spot positions and the changes in contract positions. It is advised not to rush in to chase high prices; wait until market sentiment cools down and price fluctuations stabilize before considering a reverse operation.
Be especially wary of the project team using methods to drive up prices for selling or to crash prices for accumulating; in such highly controlled projects, ordinary players can easily become the victims. Stay patient and observe; don’t let short-term profits cloud your judgment.
When to enter and when to exit? How to catch strong coins? How much to set for profit-taking? Sister Xin will inform fans immediately in the luxury group; just follow my thoughts and execute what I say, and you will definitely reap the rewards!
